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Fair Value Measurement - Fair Value Level 3 Rollforward Recurring Basis (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
FG VIEs’ Assets        
Fair Value Level 3 Rollforward        
Fair value at beginning of period $ 160 $ 188 $ 174 $ 204
Total pre-tax realized and unrealized gains (losses) recorded in:        
Net income (loss) 2 1 (1) 0
Other comprehensive income (loss) 0 0 1 0
Purchases 0 0 0 0
Sales 0 0 0 0
Settlements (6) (9) (18) (24)
Reclassifications 0   0  
Consolidations   0    
Deconsolidations   0   0
Transfers into Level 3     0  
Transfers out of Level 3 0 0 0 0
Fair value at end of period 156 180 156 180
Change in unrealized gains/(losses) related to financial instruments held 0 0 (5) (3)
FG VIEs’ Assets | Other Comprehensive Income (Loss)        
Total pre-tax realized and unrealized gains (losses) recorded in:        
Change in unrealized gains/(losses) related to financial instruments held     1  
Consolidated Investment Vehicles | Equity Securities        
Fair Value Level 3 Rollforward        
Fair value at beginning of period 93 290 80  
Total pre-tax realized and unrealized gains (losses) recorded in:        
Net income (loss) 9 5 21  
Other comprehensive income (loss) 0 0 0  
Purchases 0 3 0  
Sales (3) (4) (5)  
Settlements 0 0 0  
Reclassifications 0   0  
Consolidations   0    
Deconsolidations   (219)    
Transfers into Level 3     3  
Transfers out of Level 3 (2) 0 (2)  
Fair value at end of period 97 75 97 75
Change in unrealized gains/(losses) related to financial instruments held 9 6 21  
Consolidated Investment Vehicles | Equity securities and warrants        
Fair Value Level 3 Rollforward        
Fair value at beginning of period       297
Total pre-tax realized and unrealized gains (losses) recorded in:        
Net income (loss)       45
Other comprehensive income (loss)       0
Purchases       41
Sales       (89)
Settlements       0
Deconsolidations       (219)
Transfers out of Level 3       0
Fair value at end of period   75   75
Change in unrealized gains/(losses) related to financial instruments held       6
Consolidated Investment Vehicles | Corporate securities        
Fair Value Level 3 Rollforward        
Fair value at beginning of period   84   96
Total pre-tax realized and unrealized gains (losses) recorded in:        
Net income (loss)   0   (3)
Other comprehensive income (loss)   0   0
Purchases   0   6
Sales   0   (15)
Settlements   0   0
Consolidations   0    
Deconsolidations   (84)   (84)
Transfers out of Level 3   0   0
Fair value at end of period   0   0
Change in unrealized gains/(losses) related to financial instruments held   0   0
Consolidated Investment Vehicles | Structured products        
Fair Value Level 3 Rollforward        
Fair value at beginning of period 225 0 189 46
Total pre-tax realized and unrealized gains (losses) recorded in:        
Net income (loss) (5) 7 (10) 9
Other comprehensive income (loss) 0 0 0 0
Purchases 25 0 76 0
Sales 0 0 (20) (48)
Settlements 0 0 0 0
Reclassifications (8)   (8)  
Consolidations   0    
Deconsolidations   166   166
Transfers into Level 3     10  
Transfers out of Level 3 0 0 0 0
Fair value at end of period 237 173 237 173
Change in unrealized gains/(losses) related to financial instruments held (1) 7 (3) 7
Other        
Fair Value Level 3 Rollforward        
Fair value at beginning of period 6 33 14 50
Total pre-tax realized and unrealized gains (losses) recorded in:        
Net income (loss) (4) (20) (12) (33)
Other comprehensive income (loss) 1 0 1 0
Purchases 1 0 1 0
Sales 0 0 0 0
Settlements 0 0 0 (4)
Reclassifications 0   0  
Consolidations   0    
Deconsolidations   0   0
Transfers into Level 3     0  
Transfers out of Level 3 0 0 0 0
Fair value at end of period 4 13 4 13
Change in unrealized gains/(losses) related to financial instruments held (4) (20) (12) (33)
Other | Other Comprehensive Income (Loss)        
Total pre-tax realized and unrealized gains (losses) recorded in:        
Change in unrealized gains/(losses) related to financial instruments held 1 0 1 0
Financial Guaranty Variable Interest Entities        
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Fair value at start of period (393) (699) (554) (715)
Total Pretax Realized And Unrealized Gains (Losses) Recorded As Liabilities [Abstract]        
Net income (loss) (3) 17 6 18
Other comprehensive income (loss) (1) 13 (1) 14
Issuances 0   0  
Settlements 5 127 157 141
Deconsolidations   0   0
Fair value at end of period (392) (542) (392) (542)
Change in unrealized gains/(losses) included in earnings related to financial instruments (4) 9 0 11
Change in unrealized gains/(losses) included in OCI related to financial instruments (1) 13 (1) 14
Liabilities of CIVs (9)        
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Fair value at start of period   (4,199)   (4,154)
Total Pretax Realized And Unrealized Gains (Losses) Recorded As Liabilities [Abstract]        
Net income (loss)   0   (45)
Other comprehensive income (loss)   0   (13)
Settlements   0   13
Deconsolidations   4,199   4,199
Fair value at end of period   0   0
Change in unrealized gains/(losses) included in earnings related to financial instruments   0   0
Change in unrealized gains/(losses) included in OCI related to financial instruments   0   0
Obligations of state and political subdivisions | Fixed-maturity securities, available-for-sale        
Fair Value Level 3 Rollforward        
Fair value at beginning of period 7 46 6 47
Total pre-tax realized and unrealized gains (losses) recorded in:        
Net income (loss) 0 0 0 1
Other comprehensive income (loss) 0 (3) 2 (3)
Purchases 0 0 0 0
Sales 0 0 0 0
Settlements 0 (1) (1) (3)
Reclassifications 0   0  
Consolidations   0    
Deconsolidations   0   0
Transfers into Level 3     0  
Transfers out of Level 3 0 (40) 0 (40)
Fair value at end of period 7 2 7 2
Obligations of state and political subdivisions | Fixed-maturity securities, available-for-sale | Other Comprehensive Income (Loss)        
Total pre-tax realized and unrealized gains (losses) recorded in:        
Change in unrealized gains/(losses) related to financial instruments held 0 0 2 0
RMBS | Fixed-maturity securities, available-for-sale        
Fair Value Level 3 Rollforward        
Fair value at beginning of period 150 162 154 179
Total pre-tax realized and unrealized gains (losses) recorded in:        
Net income (loss) 5 4 12 11
Other comprehensive income (loss) 3 (6) 5 (14)
Purchases 0 0 0 0
Sales 0 0 0 0
Settlements (6) (7) (19) (23)
Reclassifications 0   0  
Consolidations   0    
Deconsolidations   0   0
Transfers into Level 3     0  
Transfers out of Level 3 0 0 0 0
Fair value at end of period 152 153 152 153
RMBS | Fixed-maturity securities, available-for-sale | Other Comprehensive Income (Loss)        
Total pre-tax realized and unrealized gains (losses) recorded in:        
Change in unrealized gains/(losses) related to financial instruments held 3 (6) 5 (13)
Asset-backed securities | Fixed-maturity securities, available-for-sale        
Fair Value Level 3 Rollforward        
Fair value at beginning of period 795 800 803 794
Total pre-tax realized and unrealized gains (losses) recorded in:        
Net income (loss) 7 13 24 13
Other comprehensive income (loss) (3) (2) 5 (10)
Purchases 19 0 30 23
Sales 0 0 0 (2)
Settlements (31) (15) (95) (22)
Reclassifications 0   0  
Consolidations   0    
Deconsolidations   0   0
Transfers into Level 3     20  
Transfers out of Level 3 0 0 0 0
Fair value at end of period 787 796 787 796
Asset-backed securities | Fixed-maturity securities, available-for-sale | Other Comprehensive Income (Loss)        
Total pre-tax realized and unrealized gains (losses) recorded in:        
Change in unrealized gains/(losses) related to financial instruments held (3) 3 3 0
Contingent Value Instruments | Fixed-maturity securities, available-for-sale        
Fair Value Level 3 Rollforward        
Fair value at beginning of period 0   0  
Total pre-tax realized and unrealized gains (losses) recorded in:        
Net income (loss) 0   0  
Other comprehensive income (loss) 0   0  
Purchases 0   0  
Sales 0   0  
Settlements (2)   (2)  
Reclassifications 8   8  
Transfers into Level 3     0  
Transfers out of Level 3 0   0  
Fair value at end of period 6   6  
Change in unrealized gains/(losses) related to financial instruments held 0   0  
Credit Risk Contract        
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]        
Fair value at start of period (34) (57) (50) (162)
Total pre-tax realized and unrealized gains (losses) recorded in:        
Net income (loss) 3 9 19 115
Other comprehensive income (loss) 0 0 0 0
Issuances (2)   (2)  
Settlements (1) (1) (1) (2)
Deconsolidations   0   0
Fair value at end of period (34) (49) (34) (49)
Change in unrealized gains/(losses) included in earnings related to financial instruments $ 1 $ 9 $ 9 $ 114